Rise Protocol

 

The Next-gen Hybrid Rebase Token

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About

Throughout history, people have traded goods based on Blockchain technology in exchange for services. Along with the development of mankind, the importance of money arose. People invented money to make it easier to trade and exchange. Currency also requires someone to control its use and production. Groups of financial companies are formed with the goal of regulating and regulating the supply of currencies available for circulation.

With the increasing importance of blockchain technology, the power of exchange services is also increasing. Emerging projects are also beginning to develop. At the same time, most developers use different advanced technologies to interact faster. Therefore, to make a turning point for this industry is essential. That is why the project team created the RISE Protocol, an integrated restoration asset with the sole ability to immobilize any asset or combination of assets. One of the first rebase tokens, Rise also incorporates frictionless profit generation to reward holders, automatic liquidity generation, and automatic rewards distribution to liquidity providers and mechanics. The deflation mechanism increases in effect over time .

How the Rise Protocol Works?

If the RISE price is higher than the fixed price at 20:00 UTC, the total supply of RISE will increase and everyone will automatically receive more RISE tokens in their e-wallet. If the RISE price is 5% lower than the closing price for three consecutive days at 20:00 UTC, the total supply of RISE will decrease.

The Rise Protocol manages price volatility through elastic supply, deflationary mechanisms, frictionless yields and industry-leading governance. This combination of technology and human contribution has enabled Bangkit to thrive, but not to exceed demand or supply. So, the token symbol is named – RISE.

The Rise Protocol is the world’s most advanced elastic supply device. it is initially pegged to 0.01 ETH, but with the ability through governance to adapt and dynamically be pegged to any asset class depending on investors and market sentiment. This level of adaptability is unique in today’s competitive crypto environment.

Token adjustments occur every day. If the Rise price is above the stake, then because of the price elasticity, a rebase occurs, meaning that the holder will automatically receive more tokens in their wallet. If the price rises 5% below the benchmark for 3 consecutive days, the bid adjustment will be made. This reduces the number of tokens in your wallet, but increases their value. Your total wallet value will be the same after an inventory adjustment.

A strong deflation mechanism is in place to maintain the Upside value pegged with the introduction of the Supermassive Black Hole. It is a viewable burn address that increases in size over time through a special burn of each transaction and results without a hitch. Supermassive black holes also scale with rebase. 1% of every sale goes to the Supermassive Black Hole. As the Hole grows bigger, the deflationary effect also grows bigger, creating a feedback loop that exponentially scales the deflationary effect over time.

Just by owning a Rise token, you will receive a gift directly to your wallet. Easy, frictionless yield aggregation automatically sends a percentage of each transaction to all Rise holders. No fuel is used, and your wallet balance will increase automatically after each transaction.

Automatic distribution of prizes for liquidity providers. A percentage of each sale will be sent to the contract, and automatically distributed to all liquidity providers. No need to stake your LP tokens. Just hold the Uniswap LP token in your wallet to receive the prize. Automatic distribution will be triggered once the contract gets 100 tokens Up. This distribution will be tagged to the next transaction. The sender of this transaction will automatically be compensated in the Up token for additional gas charges.

MAIN FEATURE

Token Rebase

If the RISE price is above the set price at 20:00 UTC, the supply of RISE will increase and everyone will automatically receive additional RISE tokens into their wallet. If the RISE price is 5% below the stake price for 3 consecutive days at 20:00 UTC, the supply of RISE will decrease.

Dynamic pegs

Initially pegged to 0.01 ETH, RISE has the revolutionary ability to peg an asset, asset class or a calculated metric in the future based on investor / market sentiment.

Frictionless results

A portion of each transaction is distributed directly to all holders.

Automatic liquidity generation

A portion of each transaction is permanently locked in liquidity.

Automatic distribution of liquidity provider rewards

A portion of each transaction is automatically distributed to the liquidity providers.

Supermassive Black Hole

The publicly visible combustion address that generates RISE through multiple mechanisms, scales exponentially over time to provide a particularly strong deflationary effect.

Sustainable, Adaptable, Fair and Safe

these are the four principles established by the Rise Protocol. Every aspect of tokens, presales, smart contracts, etc. Created with these core values ​​in mind.

Rise Protocol Tokens

• +) Hard cap: 375 ETH
• +) Total presale amount: 37,500 RISE
• +) Total initial supply: 100,000 RISE
• +) Whitelist Presale Begins: February 7th. 2021, 20:00 UTC
• +) Whitelist Presale Ends: February 7th, 2021, 21:00 UTC
• +) Public Presale Begins: February 7th, 2021, 22:00 UTC

The most interesting thing so far is that RISE is not a scam project as the Rise Contract has passed the tests of CTDSec (a professional smart contract auditing firm) and by Shappy from WarOnRugs (the prized owner of a community aimed at preventing carpet-pulling and fraud in the cryptocurrency sector)

Exchange :

https://info.uniswap.org/token/0x3fa807b6f8d4c407e6e605368f4372d14658b38c

Increasing liquidity leads to a large number of holders. I firmly believe that the price of RISE will increase in this market and there will be a firmer foothold

Rise Protocol Roadmap

TEAM

• Shuaps – Technical Lead, Project Management & Strategy
• PBL00 – Branding, Strategy & Development
• Jamie – Development, Auditing & Strategy
• Andy – Website, Social Media & Community Manager
• Radinho – Website, Social Media & Community Manager
• CJ – Marketing
• CryptKeep3r – Website, Social Media & Community Manager

For More Information Click Links Bellow: 

• Website: https://riseprotocol.io/
• Telegram: https://t.me/RiseProtocolOfficial
• Reddit: https://www.reddit.com/user/riseprotocolofficial
• Twitter: https://twitter.com/RiseProtocol

Author: Foto lama

My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1957113